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***** .....................................+++++++ An investor will pay $2,312.61 for an n-year $2,000 par bond with a coupon rate of 10% compounded semiannually or he will pay

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***** .....................................+++++++ An investor will pay $2,312.61 for an n-year $2,000 par bond with a coupon rate of 10% compounded semiannually or he will pay $2,533.18 for an n-year $2,000 par bond with a coupon rate of 11% compounded semiannually. Assuming that the investor gets the same yield on the two bonds, find this yield rate expressed as a nominal rate convertible two times per year. (Round your answer to four decimal places.) % Also find n. (Round your answer to the nearest integer.) n = |yr

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